social business

CONTEXT:
A fierce debate still rages between marketing and sales in most organizations as the enterprise seeks to understand how to use social data for both silos. With exceptional software and smart cross-silo relations, marketing and sales can collaborate on nurturing and closing ideal prospects. This blog post has outlined the type of software needed to do this AND a sample sales approach for teams to consider.

WHAT THIS POST COVERSThis post covers three specific topics:

1. The exact description of an ideal social business intelligence “machine” that would serve both marcoms and sales.

2. The functionality this social business intelligence machine would possess.

3. A set of potent actions that combine a bit of marketing and bit of sales, thus demonstrating how one can progress from market research (using social data) to a closed sales deal.

THE IDEAL SOCIAL BUSINESS INTELLIGENCE MACHINE: The sweet spot for social business software is between the marcoms & sales silos, between pools of potential fans & fresh prospect data. The social business software of tomorrow will bring understanding between marcoms and sales, will create an easy funnel for “smart” fans/followers to become customers. Deriving prospects from social data has never been easier with the combination of solutions now avail to the marcoms & sales silos. Now these solutions need to be “merged” into one single machine. I describe this machine below.

THE EXACT FUNCTIONS OF THE IDEAL SOCIAL BUSINESS INTELLIGENCE MACHINE (as desired by Marketing and Sales silos):In the coming powerful social business intelligence software (the “ideal machine”), we will see the following features:

1. Dials to find the exact people fitting prospect profiles. Imagine being able to pull every profile from every major social network AND THEN have dials to hone results down to exactly the customer profiles your business seeks.

2. Get suggestions from the software (from “the machine”) of other “pools of prospects” and prospect types BASED UPON your initial search.

3. Then, imagine pushing a “button” and getting current phone, email, physical address, add’l social links appended on-the-fly to the social profiles discovered thus far in the process above.

4. Now, mix in Topics of Influence & Volume of activity by each profile relative to the themes in your marketing & sales campaigns.

A SET OF POTENT ACTIONS FOR MARKETING & SALES AFTER EXTRACTING IDEAL PROFILES FROM THE SBI MACHINE:

1. STUDY THE LAST FEW DAYS OF TWEETS/SOCIAL MESSAGING: See what the individual is talking about. What is important to him/her? Jot down one or two specific points about these tweets/social posts/forum comments that you can compliment him/her on.

2. STUDY THE WEBSITE OF THE INDIVIDUAL: See how the individual presents himself/herself to the world. Find one to two items on the website to compliment the person about. This will make the call warmer and open an opportunity to collaborate.

3. SEND AN EMAIL TO THE PROSPECT FIRST: A powerful way to invite the person is to send a personal email wherein you introduce yourself briefly, lace in the compliments you discovered through Twitter, other social properties, blog comments, and his/her website, and then invite the individual into a collaboration.

See below sample of an email to send:

Dear Tom,

I am a Client Partner at BrandX, an FMCG group based in Los Angeles, California. Your materials online and, in particular, your steady stream of tweets chronicling your typical business process have impressed me. Would you have some time during the coming week to discuss what you are up to, what we are doing, and a possible collaboration with us?

Kind regards,

Client Partner
BrandX

4. SCHEDULE A PHONE CALL: When you get a reply to your email, schedule a call with the person. The call will involve listening to the Prospect, letting him/her know what we appreciate about him/her, what we saw in his/her materials and then working on an idea to collaborate on. It is a good plan to come to the call with some options that are personalized.

SUMMARY:
A fierce debate still rages between marketing and sales in most organizations as the enterprise seeks to understand how to use social data for both silos. With exceptional software and smart cross-silo relations, marketing and sales can collaborate on nurturing and closing ideal prospects. This blog post has outlined the type of software needed to do this AND a sample sales approach for teams to consider.

CONTEXT:
Do you own or are you building a social business intelligence platform? If so, I’m interested in your answers. Why? Because I have specific projects I am working on where a satisfactory answer to these questions will result in a sale for you and a win for my clients. Looking forward to your thoughts on these question, all purveyors of social business intelligence solutions.

THE ULTIMATE GOAL:
If you are a social media monitoring solution, have you considered adding a social append function to your offering? Your customers want to see what people are saying about a brand or a market. AND they want to see EVERY bit of contact detail related to each of those commenters. We need blended solutions where the precision of Brandwatch filtering matches with the aspirations of Fliptop social append and is housed in the “nearly there” dashboard at Salesforce/Marketing Cloud.

QUESTIONS FOR SOCIAL BUSINESS INTELLIGENCE SOFTWARE PROVIDERS:

1. Is your social append to emails automatic and 100% correct?

2. Conversely, is address, phone, and email append to social profiles automatic and 100% correct?

3. When will any social business intelligence solution find the social account associated with an email, append this account, and place the photo of the prospect automatically in the photo slot within the sCRM interface?

4. I want to upload just a single column of emails? Can your social business intelligence solution automatically find and append all other info (social profile, address, phone, social streams).

“A familiar spirit is the double, the alter-ego, of an individual. Even though it may have an independent life of its own, it remains closely linked to the individual.” ~Pierre A. Riffard

“Resist the temptation to think what afflicts you is peculiar to you. Have faith that what is in your consciousness can be communicated to the consciousness of all. And is, in many cases, already there.” ~Alice Walker, The Temple Of My Familiar

WHAT IS A FAMILIAR:
Familiarity implies intimacy. To become familiar with another person implies having more than a casual acquaintance. In European folklore and folk-belief of the Medieval and Early Modern periods, familiar spirits (sometimes referred to simply as “familiars”) were supernatural entities believed to assist shamans in their practice of magic. A familiar is a being who you come to know intimately and who works with you to create life and magic. This begins through listening, continues into relationship and culminates in collective action.

WHY DISCOVER FAMILIARS:
The core reason to discover your familiars is to have a relationship with meaning. A second reason for engaging in this process is to develop a community full of common purpose. A third reason for cultivating such relationships is to bring your gifts to the world and make a solid contribution to humanity at large.

YOU CAN FIND YOUR FAMILIARS THROUGH LISTENING:
The scholar R. Grimmasi writes about discovering a relationship to animals at a young age in the forest. He did this through listening and observing. “I quickly learned that it was necessary to remain still and silent in order not to scare away the wildlife…it was there in those silent moments of observation and anticipation that I developed my ability to establish rapport and communication with other beings, with “familiars”…familiars react to various symbols because of what they represent and the authority behind the power of the symbols.” Grimmasi identifies a very important aspect of relationship with familiars: symbols. Consider for a moment what you symbolize within your network by what you post on a daily basis. Write about this, draw this, speak about this. What is your symbol? What do you symbolize?

FILTER FOR FAMILIARS:
Filter your social relationships to determine which types of people respond to your content with eagerness. Now discover all the people just like those people within your own network. They may not be interacting with you simply because they are not seeing your posts in their News Feed or because they are focused elsewhere. Chances are that people similar to your “hottest” relationships will respond to you upon receiving a gift of your content. Try cc’ing one or two of these “Discovered Familiars” (a “discovered familiar” is similar to your known familiars).

3. Upgrade your LinkedIn to an Executive account (you will need this level for a later action). Now, export your connections as a CSV file.

4. Sign up for Social Bro or Simply Measured and download a spreadsheet of your Twitter followers. Use the Klout Audience Analysis in Simply Measured to receive a spreadsheet you can rank by Klout or by other interesting data like Listed, Location or specific bio content. In Social Bro, you can export both Followers and Friends (who you follow). In addition, within Social Bro, you can adjust some nifty sliders to specify various aspects of the download (if desired).

5. Learn how to use the Sort and Filter functions in Excel to refine your sifting of these spreadsheets from Social Bro and Simply Measured.

6. Next, sign up for LeadGrabber Pro’s 1 month account and extract up to 300 specific types of profiles that you identify. Or go into specific groups and extract all users.

7. Filter and Sort your spreadsheets by location and by keywords in the biographies. These keywords are symbols of your potential familiars.

10. Get the Rapportive plugin for Gmail so you can see the latest details on any contact, including their social links. This seems to work best in Chrome. http://rapportive.com/

CONNECT ONE TO ONE:
Next, connect personally with all of your connections. This will take time so make it worth it – for you and for who you are connecting with. Study what the person is talking about, conceive a clearly written paragraph containing an idea that will help him/her. This can be an encouragement, a business idea, a compliment on a character quality or a note of gratitude for something he/she wrote or posted (along with a story on how this post helped you). Email him/her, send them a Facebook message, use LinkedIn Inmail, use @mention your connections on Twitter and Facebook. Also, use other modes of communication. Chats via Skype can be vital, as well as starting Google hangouts.

START WITH A GIFT:
It’s important to say something that helps the other person first. It has to begin with them. A great way into this is to study the person’s last 12 posts in any given social platform. What are they trying to discover? Can you provide the answer. Be specific to that person. Make your message short but deep. Get to the point.

Follow up, follow up, follow up. Act with with the intention of the best and highest good for all. Do what you love.

“Capturing the full potential value from the use of social technologies will require transformational changes in organizational structures, processes, and practices, as well as a culture compatible with sharing and openness.”
~McKinsey Report, “The Social Economy: Unlocking value and productivity through social technologies, McKinsey & Company, July 2012.

WHAT IS THE BLACK BOX: Wikipedia defines the black box as follows, “In science and engineering, a black box is a device, system or object which can be viewed solely in terms of its input, output and transfer characteristics without any knowledge of its internal workings, that is, its implementation is “opaque” (black). Almost anything might be referred to as a black box: a transistor, an algorithm, a business process, or the human mind. The opposite of a black box is a system where the inner components or logic are available for inspection, which is sometimes known as a clear box, a glass box, or a white box.” (SOURCE: http://en.wikipedia.org/wiki/Black_box)

BUSINESS HAS TO MOVE OUT OF THE BLACK BOX: Business must move toward the white box model for one simple reason: more access to customer collaboration. We live in an age where customers and employees work together on products, services and programs. The most effective product lines, service offerings and policy programs involve customers in the development process. The reason this method is so effective is because the customers have a previous experience that contributes value. The professional expert who has worked for years in a specific business niche can benefit massively from amateurs who have tried multiple variations. Major brands are involving customers in the development of next season’s fashion line, governments are inviting citizens to work with policy makers, and customers now lead service communities under corporate umbrellas. As the old adage goes, “many hands make light work”.

MOVING TO COLLABORATION: In business, black boxes have been essential in a competitive market, to protect sensitive internal processes in development. If one’s competitor can see how one develops an application, a program or a product, then he can take it and improve it and beat you to market. Corporations have prioritized black boxes to protect their stakeholders and investment in people, materials and resources. But in many cases, these same black box eco-systems have created misunderstanding and conflict. And these misunderstandings are a primary reason why businesses are moving toward transparency. To state this another way: we exist within a world so clarified by social networks that many businesses are opting for collaboration models. Businesses are opting for white boxes.

Jacob Tell, an innovator in collaboration vs. competition at Oniracom, a leading lifestyle marketeing company, has said, “We’ve chosen a partnership model over a competitive model. This is a proper way to approach business in today’s increasingly networked world.” As a veteran of the Internet and people-person par excellence, Mr. Tell has identified a very true and helpful dynamic for today’s new paradigm of business — a humanized way of being and doing where we come together for a win-win.

THE WORLD WANTS THE WHITE BOX: Mr. Tell is not alone in his sentiments, either. Kim Stokely, a leading trainer of educators in the United States has said, “This time of history signifies the end of individualism and the beginning of collectivism.” The US Intelligence office has just published a Trends 2030 paper that states, “There will not be any hegemonic power in the future. Power will shift to networks and coalitions in a multipolar world.” Tom Oliver, of the World Peace Festival, has stated, “Until now the world has had no method that systematically deals with violent conflict. To fill this void, experienced peace builders from across the globe have got together with government officials, civil society and the military to design a strategy that could prevent war and resolve violent conflict. This strategy works at all levels – from the bottom up and top down.”

The entire human community cries out for a unified and transparent world group of leaders that move from competing black boxes to collaborative methods of dealing with conflict, poverty and disaster. The world needs and wants a White Box paradigm and good 21st century corporations, banks and governments will step into this clear room together. Peace is quite possibly the number one reason for entering this white box paradigm and leaving the black box method.

RESOURCES:

DEEP TRANSPARENCY VIDEO:

HOW TO OPEN THE BLACK BOX – The method to opening the black box is straight-forward:
1. Research your customer using social media monitoring solutions. Listen to what your customer is saying.
2. Design a White Box program to invite your customer or fan into the process of your business. Base the strategy and aspects of this program on what you discovered through research.
3. Design safeguards in this program to protect your business from sabotage from competitors.
4. Allocate inner resources from every silo (HR, PR, Marketing, Sales, C-Suite, Customer Service, etc.) to handling different aspects of this White Box program. Designate one person to manage the entire program and be a liaison between the departments involved.
5. Design the campaign where you announce this program.
6. Launch the program.
7. Be sure to follow up on EVERY entry/suggestion. Allocate resources so that you can do this. This is a full-time job for one employee (or more, depending on the size of the operation).

Companies can also arrange themselves differently, to better learn from the world outside. ~Karl Heiselman, Wolff Olins

SUMMARY: Faced with the challenges of an increasingly segmented digital landscape, community managers must know their customer, know their content, and know their internal team. The following three trainings apply to these needed areas of know-how.

1. SOCIAL BUSINESS INTELLIGENCE 101: Covering the full range of social media monitoring options and market research training. This workshop trains staff how to creat social network analysis reports and generate insights and recommendations from social data. The course is highly focused on actionable intelligence, INCLUDING how to apply social business intelligence to the practical needs of running and growing a business.

RESULTING CERTIFICATION:
• Use of social media monitoring tools. Knowledge of different options available and hands-on training in the various tools.
• Market research skills basics, including social data research report writing, how to segment data into specific categories relevant to business needs, and how to derive insights from aggregated social data
• Strategy creation, including creating recommendations based upon customer/competitive insights.
• How to present findings in a concise fashion to the various silos at a brand headquarters, to agency staff and to the directors of a brand.

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2. CONTENT MARKETING 101: Covering the complete set of content in the Content Grid v2.0. This workshop is a complete training in how to create and place every single content piece in the Content Grid. A particular focus is placed upon practical step by step production of each content piece, along with tactics for where, when and why to use each piece of content.

RESULTING CERTIFICATION:
• Full understanding of the Content Grid v2.0 and how to create each social object on the grid.
• Training in the social channels related to specific social objects. How to set up these social channels, when to post the social objects, how often to post the social objects, how to schedule automatic updates to social channels using social management software (HootSuite).
• Each student will work on a specific set of social objects and learn how to produce each of these important communication vehicles.

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3. SOCIAL BUSINESS 101: Covering internal culture change related to doing business within social networks. This course teaches managers and corporate leaders how to adapt their business processes when entering social networks. Every silo of a business is covered and trained in the benefits and uses of social networks. A particular focus is placed upon elevating internal collaboration and software/process related to weaving the silos together as a team.

RESULTING CERTIFICATION:
• Training in the various methods used by the Chief Collaboration Officer to facilitate conversation between the silos in a major corporation.
• Training in how to promote and grow on-going conversation between the silos at a major corporation or brand for the purpose of presenting a unified message in social networks.
• Training in how to involve the Compliance Department in cross-silo decisions related to messaging in social networks. Further training in how to present reports and udpates to the Compliance Department so that speedy decisions can be made AS RELATED TO on-going messaging in social networks.
• Training in proper risk assessment PRIOR TO launching a full-blown social presence for a brand.
• Training in how to handle typical customer and internal objections to basic social media marketing practices such as the use of Twitter, the value of on-going monitoring and the use of social project management tools like HootSuite and BaseCamp/SalesForce.
• Training in the basic social business software suites, who the vendors are and the comparison between these vendors. Training in how to present this software to senior management and how to begin cross-silo set-up of social business software (example: Jive Software).

ABOUT C.O.I.N.S. – A CLOSING THOUGHT:
COINS or Community of Interest Networks, ARE essential venues for product and service innovation, as well as customer relationship building. A community of interest is definied in Wikipedia as “a community of people who share a common interest or passion. These people exchange ideas and thoughts about the given passion, but may know (or care) little about each other outside of this area. Participation in a community of interest can be compelling, entertaining and create a ‘sticky’ community where people return frequently and remain for extended periods. Frequently, they cannot be easily defined by a particular geographical area.” This describes precisely what we are seeing in social networks like Twitter or LinkedIn or Facebook with specific groups and lists.

No-one can contest that we currently live in an era of massive “COINS” presently via online and in digital social networks. Brands and corporations now recognize the value of orienting their core Business Process Management (BPM) around social business sensibilities. Community Managers are an essential bridge to the customer base and stakeholder community in a Community of Interest Network. Community Managers facilitate conversation, growth and listening within these social networks. Community Managers are the core individuals in charge of fostering unity in groups, lists and forums online.